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TVS Motor Company consolidated net profit declines 29.04% in the September 2020 quarter

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Capital Market

Sales rise 5.93% to Rs 5254.36 crore

Net profit of TVS Motor Company declined 29.04% to Rs 179.93 crore in the quarter ended September 2020 as against Rs 253.57 crore during the previous quarter ended September 2019. Sales rose 5.93% to Rs 5254.36 crore in the quarter ended September 2020 as against Rs 4960.27 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales5254.364960.27 6 OPM %12.0011.59 -PBDT407.20377.36 8 PBT256.83241.74 6 NP179.93253.57 -29

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First Published: Oct 30 2020 | 8:07 AM IST

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